Why this setup? • The 1D trend remains bearish, while the 1h RSI at 61.81 is showing signs of rejecting higher prices. • The ideal entry sits around 0.01812, and with the ATR at just 0.00027, the current low-volatility range could lead to a sharp downside move. • TP1 offers a potential 2.7% decline, while TP3 targets a 7.2% drop if bearish momentum continues to build.
Question: Would you take a 95% confidence SHORT even though the 15m RSI is still holding above 60?